IREDA’s Loan Book Hits Rs 79,941 Crore in Q2, Reports CMD

Key Takeaways

IREDA’s loan book hit Rs 79,941 crore in Q1 FY2025-26, marking a 29% CAGR since 2020-21.
The agency reported a 49% year-on-year growth in operating profit for the quarter.
IREDA is diversifying into sectors like green hydrogen and e-mobility while strengthening its presence in traditional renewable energy areas.

IREDA’s Growth and Future Direction

The Indian Renewable Energy Development Agency (IREDA) has reported significant growth in its financial performance for the first quarter of FY2025-26. The agency, which operates under the Ministry of New and Renewable Energy (MNRE), announced that its loan book has reached Rs 79,941 crore. This achievement reflects a compounded annual growth rate (CAGR) of 29% since the fiscal year 2020-21, as stated by Chairman and Managing Director Pradip Kumar Das during the company’s 38th Annual General Meeting (AGM).

As of June 30, 2025, IREDA has sanctioned loans amounting to over Rs 2.49 lakh crore and disbursed Rs 1.63 lakh crore. This funding is critical for promoting renewable energy and energy efficiency projects across India, thereby contributing to the nation’s transition to more sustainable energy sources. Das highlighted the robust performance of the agency, noting a substantial year-on-year growth of 49% in operating profit for the quarter.

Looking ahead, IREDA is set to expand its initiatives into emerging sectors such as green hydrogen, e-mobility, and ethanol. This strategic move illustrates the agency’s commitment to diversifying its portfolio while maintaining its leadership in established sectors like solar, wind, hydro, biomass, and cogeneration. As the renewable energy landscape evolves, IREDA’s proactive approach positions it to capitalize on new opportunities in the energy market.

By focusing on innovation and sustainability, IREDA aims to further enhance its role in India’s renewable energy ecosystem, ensuring that it meets future energy demands while contributing to environmental goals. The agency’s ongoing investment in these emerging industries signifies an adaptive strategy that aligns with global trends towards cleaner energy solutions.

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